CHAVEZ LOOKS EAST – AT 9:03 P.M. ET:  Hugo Chavez is raking it in from a variety of sources – Russia, Iran, and now China.  Threat to us?  Nah.  Just multiculturalism:

CARACAS, Venezuela (AP) - President Hugo Chavez has announced an agreement with China that would have the Asian economic giant devote $20 billion to financing long-term development projects in Venezuela.

The Venezuelan president says the financing would go toward industrial and infrastructure projects, among other development plans.

He spoke Saturday during a televised appearance attended by China's natural resources minister.
Chavez is providing few other details about the investments.

COMMENT:  Will the White House please wake up and pay some attention to this.  The reds are back, and Hugo's got 'em.  He's the new Castro, vastly more powerful because of Venezuela's oil wealth.  I wouldn't be shocked to see foreign bases near Caracas fairly soon.

Obama probably sees Chavez as an "understandable reaction to America's mistakes."  Which is why Obama must be shown the door, politely.

April 18, 2010